Paraman666

EOS/BTC - leading diagonal, intraday setup

Long
Paraman666 Updated   
BINANCE:EOSBTC   EOS / Bitcoin
EOS is master in forming raising wedges, very popular pattern on this crypto. When you see raising wedge in the 1st wave, it´s called LEADING DIAGONAL - it means, that we won´t see dump below the low, but we will only see retracement to 0,382 or 0,618 and then we will see 3rd wave up. I highlighted two supports and price should bounce from one of them and continue higher.
Order cancelled:
This setup is no more valid.
Trade active:
I am in LONG, my entry is 4034, target 4296.

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